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The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Zerodha review.
Find out Zerodha Vs Alice Blue which is better and Zerodha Vs Alice Blue which is best.
Our Zerodha comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Zerodha and Alice Blue.
| Zerodha | Alice Blue | |
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| About the Broker | Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...  |
Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu... |
| Type of Broker | Discount Broker | Discount Broker |
| Supported Exchnage | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
| Account Type | Flat Brokerage Plan | F20 |
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| Year of Incorporation | 2010 | |
| Number of Branches | 22 | |
| Enquire Zerodha | Enquire Alice Blue |
| Zerodha | Alice Blue | |
|---|---|---|
| Trading Account Opening Fees | ₹200 | Equity ₹310 | Commodity ₹120 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
| Demat Account Opening Fees | ₹100 | ₹0 |
| Demat Account AMC | ₹300 | ₹0 |
| Demat Account is Mandatory? | No | No |
| Zerodha | Alice Blue | |
|---|---|---|
| Account Type | Flat Brokerage Plan | F20 |
| Fixed Charges | ||
| Equity Delivery Brokerage | ₹0 (Free) | ₹0 (Free) |
| Equity Intraday Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Equity Futures Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Equity Options Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Currency Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Currency Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Commodity Futures Trading Brokerage | ₹20 per executed order or .01% whichever is lower | ₹20 per executed order or 0.01 whichever lower |
| Commodity Options Trading Brokerage | ₹20 per executed order or .01% whichever is lower | |
| Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer |
Special Offer: Aliceblue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer |
| Minimum Brokerage Charges | ₹0 | ₹0 |
| Other Brokerage Charges | Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS | |
| Call & Trade Charges | ₹20 per executed order | ₹20 per executed order |
| Zerodha | Alice Blue | |||||||||||||||
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| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check table below | |||||||||||||||
| SEBI Charges | Rs 15 per Crore | |||||||||||||||
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | |||||||||||||||
| Stamp Duty | Charged as per the state of the client's correspondence address. | |||||||||||||||
| Zerodha | Alice Blue | |
|---|---|---|
| Equity Delivery | NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) | NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side) |
| Equity Intraday | NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) | NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side) |
| Equity Futures | NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) | NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side) |
| Equity Options | NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) | NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side) |
| Currency Futures | NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) | NSE ₹135 per Cr (0.00135%) |
| Currency Options | NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) | NSE ₹4400 per Cr (0.044%) (on premium) |
| Commodity | Group A - ₹260 per Cr (0.0026%) | Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%) |
| Zerodha | Alice Blue | |
|---|---|---|
| Equity Delivery | 1x (no margin) | 3x (A category) |
| Equity Intraday | Up to 20x (based on the stock) | Up to 20x (based on the stock) |
| Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin |
| Commodity Options |
| Zerodha | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile | Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time | 3:10 PM | Equity: 3:15PM |
| Other Features | Direct Mutual Funds, APIs | |
| Referral Program | |
| Zerodha | Alice Blue | |
|---|---|---|
357 Customer Reviews  |
19 Customer Reviews |
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| Overall Ratings |  |
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| Broker Rating | Zerodha is Rated 3.7 / 5 based on 357 customer reviews | Alice Blue is Rated 4.3 / 5 based on 19 customer reviews |
| Zerodha Enquire | Alice Blue Enquire | |
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| Contact Broker |
| Zerodha | Alice Blue | |
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| Zerodha | Alice Blue | |
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| 24/7 Customer Service | |
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| Onine Live Chat | |
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| Through Branches | |
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| Zerodha | Alice Blue | |
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| Bracket Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Zerodha | Alice Blue | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Zerodha | Alice Blue | |
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| Casual Investor | ||
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